DislikedGM - looking at the Dow, the recent down-wave distinguished itself from the previous pullbacks by having about twice the volume per point moved, indicating a reversal rather than pullback in an uptrend. There should be a dead cat bounce from here, but we may have to wait for the Americans for that. After that the downside potential is sizeable.... {image}Ignored
GM M - no surprise that the Dow shows the same activity, volume-wise, as Dax - or vice versa!
Unlike Dax, where the hourly 200 sma has rolled over with price ~ 200 pts lower, Dow has held just above it still rising hrly 200 sma so how far it retraces will be significant IMO
Trading Levels with WRBs